Have you had larger Cap Ex projects that you didn't anticipate?

The one performing is retail strips Fund.Long term I anticipate that 2 of my three MF deals will still turn a decent return (not the heyday level returns, but still high single/low double average annual return).  

One thing he didn’t anticipate was the complexity of the reporting requiremnets, especially if he wanted investors outside his immediate circle.

They have been amazing though so I dont anticipate that happening under their current management. 

I feel confident we will have it occupied and possibly at a higher return than anticipated at closing.  

Out-of-pocket capital improvements and repairs anticipated during the first year12. 

The highly anticipated location is set to open in 2026, so stay tuned for updates!

The lender will not require any of the anticipated interest payments on date of origination and borrower will have lower cash to close requirement, although $15K in interest payments will be required to service loan through duration of project.Loan B: Lender requires $15K interest reserve funded by borrower at settlement.

Best to err cautiously and not really anticipate changes until they are material.

If you anticipate selling the property soon, it’s worth negotiating or shopping around for a lender with flexibility in prepayment penalties.Feel free to reach out if you'd like to explore tailored DSCR options that suit your goals.